Commvault Sys Inc Financials
This page shows Commvault Sys Inc (CVLT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Consistently high gross margin converts into steady free cash flow, even when reported earnings swing sharply year to year.
From FY2023 to FY2025, free cash flow stayed between$167M and$204M even while net income moved from loss to profit and then normalized. That gap says the business is cash-convertive in a way GAAP earnings understate, because annual capex remained only$4M in FY2025 and operating cash flow still reached$207M .
FY2025 revenue approached
Cash of
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Commvault Sys Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Commvault Sys Inc has an operating margin of 7.4%, meaning the company retains $7 of operating profit per $100 of revenue. This results in a moderate score of 36/100, indicating healthy but not exceptional operating efficiency. This is down from 9.0% the prior year.
Commvault Sys Inc's revenue surged 18.6% year-over-year to $995.6M, reflecting rapid business expansion. This strong growth earns a score of 54/100.
Commvault Sys Inc has a moderate D/E ratio of 2.44. This balance of debt and equity financing earns a leverage score of 52/100.
Commvault Sys Inc's current ratio of 1.14 is below the typical benchmark, resulting in a score of 18/100. However, the company holds substantial cash reserves (54% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
Commvault Sys Inc converts 20.4% of revenue into free cash flow ($203.6M). This strong cash generation earns a score of 79/100.
Commvault Sys Inc earns a strong 23.4% return on equity (ROE), meaning it generates $23 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 69/100. This is down from 60.7% the prior year.
Commvault Sys Inc scores 3.03, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($4.3B) relative to total liabilities ($793.1M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Commvault Sys Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Commvault Sys Inc generates $2.72 in operating cash flow ($207.4M OCF vs $76.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Commvault Sys Inc earns $177.3 in operating income for every $1 of interest expense ($73.7M vs $416K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Commvault Sys Inc generated $995.6M in revenue in fiscal year 2025. This represents an increase of 18.6% from the prior year.
Commvault Sys Inc's EBITDA was $82.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1.3% from the prior year.
Commvault Sys Inc reported $76.1M in net income in fiscal year 2025. This represents a decrease of 54.9% from the prior year.
Commvault Sys Inc earned $1.68 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 55.2% from the prior year.
Cash & Balance Sheet
Commvault Sys Inc generated $203.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 2.0% from the prior year.
Commvault Sys Inc held $302.1M in cash against $0 in long-term debt as of fiscal year 2025.
Commvault Sys Inc had 44M shares outstanding in fiscal year 2025. This represents an increase of 1.7% from the prior year.
Margins & Returns
Commvault Sys Inc's gross margin was 82.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the prior year.
Commvault Sys Inc's operating margin was 7.4% in fiscal year 2025, reflecting core business profitability. This is down 1.6 percentage points from the prior year.
Commvault Sys Inc's net profit margin was 7.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 12.5 percentage points from the prior year.
Commvault Sys Inc's ROE was 23.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 37.3 percentage points from the prior year.
Capital Allocation
Commvault Sys Inc invested $146.3M in research and development in fiscal year 2025. This represents an increase of 10.5% from the prior year.
Commvault Sys Inc spent $165.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 10.3% from the prior year.
Commvault Sys Inc invested $3.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 8.1% from the prior year.
CVLT Income Statement
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $313.8M+13.6% | $276.2M-2.1% | $282.0M+2.5% | $275.0M+4.7% | $262.6M+12.6% | $233.3M+3.8% | $224.7M+0.6% | $223.3M |
| Cost of Revenue | $59.3M+7.7% | $55.0M+8.4% | $50.8M+6.3% | $47.8M-1.8% | $48.6M+13.4% | $42.9M+7.7% | $39.8M+1.6% | $39.1M |
| Gross Profit | $254.5M+15.1% | $221.1M-4.3% | $231.2M+1.7% | $227.3M+6.2% | $214.0M+12.4% | $190.4M+3.0% | $184.9M+0.4% | $184.1M |
| R&D Expenses | $42.2M+5.9% | $39.9M-0.5% | $40.1M+1.9% | $39.3M-1.7% | $40.0M+18.2% | $33.8M+2.2% | $33.1M-6.1% | $35.2M |
| SG&A Expenses | $38.7M-9.0% | $42.6M+3.1% | $41.3M+7.8% | $38.3M+8.9% | $35.1M+2.8% | $34.2M+11.0% | $30.8M+2.9% | $29.9M |
| Operating Income | $19.8M+58.3% | $12.5M-50.2% | $25.1M-6.1% | $26.7M+96.3% | $13.6M-9.0% | $15.0M-18.8% | $18.4M+1.3% | $18.2M |
| Interest Expense | $1.4M+127.5% | $637K+129.1% | $278K+169.9% | $103K-1.0% | $104K-1.0% | $105K+1.0% | $104K0.0% | $104K |
| Income Tax | $9.2M+2397.8% | $370K-89.1% | $3.4M+243.5% | -$2.4M-157.8% | $4.1M+273.1% | $1.1M-48.5% | $2.1M+102.1% | -$103.1M |
| Net Income | $17.8M+20.7% | $14.7M-37.3% | $23.5M-24.2% | $31.0M+181.2% | $11.0M-29.2% | $15.6M-16.0% | $18.5M-85.3% | $126.1M |
| EPS (Diluted) | $0.40+21.2% | $0.33-36.5% | $0.52 | N/A | $0.24-31.4% | $0.35-14.6% | $0.41 | N/A |
CVLT Balance Sheet
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.0B+6.3% | $1.9B+62.9% | $1.2B+5.2% | $1.1B+9.2% | $1.0B+6.8% | $958.5M+2.5% | $934.9M-1.0% | $943.9M |
| Current Assets | $1.4B+6.8% | $1.4B+102.8% | $667.1M+5.1% | $635.1M+10.1% | $576.7M+2.4% | $563.0M+2.1% | $551.1M-7.4% | $595.1M |
| Cash & Equivalents | $1.0B-3.5% | $1.1B+192.8% | $363.2M+20.2% | $302.1M+24.0% | $243.6M-19.6% | $303.1M+5.3% | $287.9M-8.0% | $312.8M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $361.8M+54.1% | $234.8M-8.1% | $255.4M+1.4% | $252.0M-7.1% | $271.4M+39.2% | $194.9M-4.1% | $203.2M-8.8% | $222.7M |
| Goodwill | $210.8M+0.2% | $210.3M+13.5% | $185.3M0.0% | $185.3M-0.6% | $186.4M+24.2% | $150.1M0.0% | $150.1M+17.4% | $127.8M |
| Total Liabilities | $1.8B+6.7% | $1.7B+110.2% | $811.7M+2.3% | $793.1M+7.8% | $735.9M+8.1% | $680.7M+4.2% | $653.1M-1.9% | $665.8M |
| Current Liabilities | $616.6M+15.2% | $535.3M-0.1% | $536.0M-3.4% | $555.0M+8.5% | $511.7M+9.3% | $468.3M+4.9% | $446.5M-7.9% | $484.9M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $216.7M+3.0% | $210.5M-42.3% | $364.7M+12.2% | $325.1M+12.9% | $287.8M+3.6% | $277.8M-1.4% | $281.8M+1.3% | $278.1M |
| Retained Earnings | -$1.3B-1.6% | -$1.2B-9.8% | -$1.1B+0.8% | -$1.1B+0.2% | -$1.1B-1.7% | -$1.1B-3.1% | -$1.1B-2.7% | -$1.1B |
CVLT Cash Flow Statement
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.0M-94.7% | $76.8M+142.3% | $31.7M-58.8% | $77.0M+155.3% | $30.1M-45.8% | $55.6M+24.4% | $44.7M-44.1% | $80.0M |
| Capital Expenditures | $2.1M-33.5% | $3.2M+69.6% | $1.9M+140.0% | $783K+198.9% | $262K-85.8% | $1.8M+114.1% | $863K+0.5% | $859K |
| Free Cash Flow | $1.9M-97.4% | $73.6M+146.9% | $29.8M-60.9% | $76.2M+154.9% | $29.9M-44.4% | $53.7M+22.6% | $43.8M-44.6% | $79.1M |
| Investing Cash Flow | -$2.3M+92.3% | -$29.7M-210.7% | $26.8M+3774.8% | -$730K+98.4% | -$45.4M-2219.9% | -$2.0M+91.2% | -$22.3M-1713.0% | -$1.2M |
| Financing Cash Flow | -$41.9M-106.4% | $655.9M+3979.3% | -$16.9M+28.7% | -$23.7M+25.6% | -$31.9M+30.9% | -$46.1M-0.2% | -$46.1M-3.1% | -$44.7M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $40.7M-68.9% | $131.0M+770.6% | $15.1M-49.5% | $29.8M-6.5% | $31.9M-38.5% | $51.9M+1.0% | $51.4M+2.0% | $50.4M |
CVLT Financial Ratios
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 81.1%+1.0pp | 80.1%-1.9pp | 82.0%-0.6pp | 82.6%+1.1pp | 81.5%-0.1pp | 81.6%-0.7pp | 82.3%-0.2pp | 82.5% |
| Operating Margin | 6.3%+1.8pp | 4.5%-4.4pp | 8.9%-0.8pp | 9.7%+4.5pp | 5.2%-1.2pp | 6.4%-1.8pp | 8.2%+0.1pp | 8.2% |
| Net Margin | 5.7%+0.3pp | 5.3%-3.0pp | 8.3%-2.9pp | 11.3%+7.1pp | 4.2%-2.5pp | 6.7%-1.6pp | 8.3%-48.2pp | 56.5% |
| Return on Equity | 8.2%+1.2pp | 7.0%+0.6pp | 6.4%-3.1pp | 9.5%+5.7pp | 3.8%-1.8pp | 5.6%-1.0pp | 6.6%-38.8pp | 45.4% |
| Return on Assets | 0.9%+0.1pp | 0.8%-1.2pp | 2.0%-0.8pp | 2.8%+1.7pp | 1.1%-0.5pp | 1.6%-0.4pp | 2.0%-11.4pp | 13.4% |
| Current Ratio | 2.34-0.2 | 2.53+1.3 | 1.24+0.1 | 1.14+0.0 | 1.13-0.1 | 1.20-0.0 | 1.230.0 | 1.23 |
| Debt-to-Equity | 8.40+0.3 | 8.11+5.9 | 2.23-0.2 | 2.44-0.1 | 2.56+0.1 | 2.45+0.1 | 2.32-0.1 | 2.39 |
| FCF Margin | 0.6%-26.0pp | 26.6%+16.1pp | 10.6%-17.1pp | 27.7%+16.3pp | 11.4%-11.7pp | 23.0%+3.5pp | 19.5%-15.9pp | 35.4% |
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Frequently Asked Questions
What is Commvault Sys Inc's annual revenue?
Commvault Sys Inc (CVLT) reported $995.6M in total revenue for fiscal year 2025. This represents a 18.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Commvault Sys Inc's revenue growing?
Commvault Sys Inc (CVLT) revenue grew by 18.6% year-over-year, from $839.2M to $995.6M in fiscal year 2025.
Is Commvault Sys Inc profitable?
Yes, Commvault Sys Inc (CVLT) reported a net income of $76.1M in fiscal year 2025, with a net profit margin of 7.6%.
What is Commvault Sys Inc's EBITDA?
Commvault Sys Inc (CVLT) had EBITDA of $82.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Commvault Sys Inc's gross margin?
Commvault Sys Inc (CVLT) had a gross margin of 82.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Commvault Sys Inc's operating margin?
Commvault Sys Inc (CVLT) had an operating margin of 7.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Commvault Sys Inc's net profit margin?
Commvault Sys Inc (CVLT) had a net profit margin of 7.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Commvault Sys Inc's return on equity (ROE)?
Commvault Sys Inc (CVLT) has a return on equity of 23.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Commvault Sys Inc's free cash flow?
Commvault Sys Inc (CVLT) generated $203.6M in free cash flow during fiscal year 2025. This represents a 2.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Commvault Sys Inc's operating cash flow?
Commvault Sys Inc (CVLT) generated $207.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Commvault Sys Inc's total assets?
Commvault Sys Inc (CVLT) had $1.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Commvault Sys Inc's capital expenditures?
Commvault Sys Inc (CVLT) invested $3.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Commvault Sys Inc spend on research and development?
Commvault Sys Inc (CVLT) invested $146.3M in research and development during fiscal year 2025.
What is Commvault Sys Inc's current ratio?
Commvault Sys Inc (CVLT) had a current ratio of 1.14 as of fiscal year 2025, which is considered adequate.
What is Commvault Sys Inc's debt-to-equity ratio?
Commvault Sys Inc (CVLT) had a debt-to-equity ratio of 2.44 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Commvault Sys Inc's return on assets (ROA)?
Commvault Sys Inc (CVLT) had a return on assets of 6.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Commvault Sys Inc's Altman Z-Score?
Commvault Sys Inc (CVLT) has an Altman Z-Score of 3.03, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Commvault Sys Inc's Piotroski F-Score?
Commvault Sys Inc (CVLT) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Commvault Sys Inc's earnings high quality?
Commvault Sys Inc (CVLT) has an earnings quality ratio of 2.72x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Commvault Sys Inc cover its interest payments?
Commvault Sys Inc (CVLT) has an interest coverage ratio of 177.3x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Commvault Sys Inc?
Commvault Sys Inc (CVLT) scores 51 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.